Course Details
Course

ERISA Compliance: A Requirement for Employers of All Sizes 1 CPE


Course Duration: 1 Hours
Course Rating:
Course Enrollments: 176 Enrolled
Mode of Delivery: On-Demand
Course Level: Intermediate
Study Area: Specialized Knowledge

This course reviews ERISA Title I as it applies to health and welfare plans for all employers.

ERISA (Employee Retirement Income Security Act of 1974) is a requirement for employers of all sizes. Designed to protect the rights of workers, it provides the framework for employee welfare benefit plans such as medical, dental, vision and other ancillary coverages.

Unfortunately, many employers are not in compliance simply because they don’t realize it is applicable to them, have not updated their plans with newer laws, or because they assume that their insurance carrier is handling it all on their behalf.

The course will cover the basics of ERISA compliance, including what is covered, obligations and risks, and what is required of companies, depending on their size, in order to be compliant. We will also touch on other applicable benefit laws, including the ACA and HIPPA.

We will discuss:

  • Reporting and disclosure
  • Fiduciary responsibilities
  • Administration and enforcement
  • Additional standards—including COBRA
  • Group health insurance requirements
Prerequisites

Prerequisite: Exposure to employee health and wellness plans

Learning Objective
  • Clearly identify the level of compliance with ERISA for all health and welfare plans offered.
  • Discern what actions will require additional compliance documents or a rewrite of current documents.
  • Differentiate between requirements of various laws and at what size of company each is applicable.

Last updated/reviewed: March 15, 2024

(48) Reviews

(30 rating)
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marcy.freeman

This was a very interesting and relevant course. Internal Audit funcitons often face navigating the pull from management to engage in fraud investigations and that must be balanced with other Internal Audit activities, with the support of the Audit Committee.

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ashley.bigaud

This was a very informative course and enjoyed the instructor presentation and knowledge. I dont have no background in this area, however I wanted to get exposure and was surprised to see so much information on the subject matter. Will take additional courses with this instructor.

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kimberly.martin

I like to read the slide decks in the pdf format. The pdfs for this course were not sufficient to learn the content.

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michael.o'keefe

Helpful starting point for understanding welfare plans.

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shelby.henderson

Great background on the types of functions - didn't know those existed

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neal.stiles

An overall solid summation of the important characteristics of forensic accounting. I would recommend this to anyone interested in Forensic accounting.,

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alejandro.mattiuzzo

A good overall breakdown of ethical leaders, what distinguishes them, and why they are important for any organization, Felt a bit longer than necessary but overall enjoyed the discussion and exercises.

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michelle.zwanepoel

This course teaches you to how to think about thinking. Excellent how the presenter (who is excellent) explained the concepts using not just general but accountant specific problems.

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jessica.beck

The instructor spoke a little slow for my taste. I had to speed up the video to help me follow along. Good course, though.

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george.bruffey_iii

Well worth your time. Very practical use of Outlook to become more efficient managing information at work. Keep the imprortant things the important things.

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raymond.woo

This is a really good informative course--thanks for putting it together.

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phichaya.pinyo

The instructor provided very helpful information. He is very clear and easy to follow. The samples are practical.

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brad.nielsen

The points made in this presentation would be very helpful to any member of any organization.

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joe.defelice

Good overview course. Lot's of things I didn't know, but probably should have.

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shannon.barrett

Solid overview of ERISA and its requirements. I got what I needed from the course.

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darla.frutos

I believe that it is misleading to say 1 CPE and click here for 1 CPE, only to find out that CPE is not listed.

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climbingivy@fastmail.fm

This instructor is always my favorite for Excel classes. His slides and presentations are excellent. It's a tad slow but the repetition makes the new formulas stick in my head.

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heather.roberts_1

I would have like to have seen how you initially created the dashboard.

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rhaug27

Helpful reminders to remain proficient with excel and stay away from more manual bad habits.

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michael.aronson

Somewhat interesting. More practical examples wouldve helped.

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anne.jacobs_1

From Wade Fowler: Found this eye opening. Great to know that what I will need to do should I ever start my own company and offer benefits to my own employees. Also, great insights into how to not only be compliant, but to avoid a DOL audit, and any other audits that might be triggered as the agencies are now sharing data. Always best to be on the right side of the law.

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craig.campbell

This course was well developed and well presented. Good coverage of the subject.

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emily.moran

This course was really interesting because I learned about some of the new things I can do with 365. Definitely recommended. However, digging into the differences between various versions of Excel is not too interesting.

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kfried

Other illumeo presenters should take this course! Awesome!

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leah.neal

This course had good information that is helpful when dealing with multiple countries in the workplace.

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jennifer.gabel

This course was extremely beneficial, especially for a novice who is learning ERISA compliance.

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erin.cody

I feel as though question 5 regarding foreign language disclosure was misleading. Either the information in the course was incorrect or the provided choices were not in depth enough to accurately answer the question. Great basis for understanding how plan documents are essential to maintaining ERISA status.

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rebecca.grimmer

Really helpful to see the side-by-side presentation with Formula based reports vs Pivot table reports

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kirit.kapadia

Good insight in personalities and leadership. Excellent explanations of human behavior

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lisa.burke

Helpful intro - hard time hearing the audio at times.

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joy.bartos

This course provides a good foundation for ERISA compliance. It was especially helpful to me as I'm new to the Human Resource field.

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vkruse

The course was good teaching the basics and discussion many examples. The instructor was easy to follow and engaging.

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lynne.bholloman

Very Good and Informative Refresher for Accounting Professionals.

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terri.salazar-rodriguez

Slides very helpful. Information very thorough.

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rhousman

Course had nothing to do with the title

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victor.orellana

Everything was clearly explained and having the documents for reference is great!

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mike.morse

What about online identity theft companies? What do they do and are there worth the money? What are the steps to take if you have your identity stolen?

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hossam_elsherief

Excellent course

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darndt

I liked that it was a summary of plan documents and summary plan descriptions. This course is well-designed for plan administrators, auditors, and others involved in the management of ERISA H&W plans.

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cathy.bass

The course is too basic for a CPA.

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scambridge

Would have liked more Health and Welfare specific information.

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james.lackmann

Excellent Course!!

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fsljan

David does an excellent job of showing you useful tips in Excel. The slides are a little hard to follow as they have too much information on each one. The sound quality is up and down throughout the presentation.

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fredhuang

Great course, but wish there was more detail covered on equity financing.

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barbara.vinesett

helpful course

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mhpradwin

l like learn about this course and subject We will follow full courses for an intense love thank you very much

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muzainiali

Very detailed explanations.

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bill_1

Again - great tools for improving Excel skills. I will use these a lot!

Lesson Questions and Answers0 Questions

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Ruthann Laswick
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INTRODUCTION AND OVERVIEW

The ERISA Plan

CONCLUSION

SUPPORTING MATERIALS

REVIEW & TEST